WallStSmart
FOXA

Fox Corp Class A

NASDAQ: FOXA · COMMUNICATION SERVICES · ENTERTAINMENT

$63.49
+0.87% today

Updated 2026-04-30

Market cap
$26.77B
P/E ratio
15.09
P/S ratio
1.62x
EPS (TTM)
$4.17
Dividend yield
0.87%
52W range
$47 – $76
Volume
3.6M

Fox Corp Class A (FOXA) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$63.49
Consensus
$71.57
+12.73%
2030 Target
$557.42
+777.97%
DCF
$89.00
+31.34% MoS
15 analysts:
7 Buy8 Hold1 Sell

Management guidance

No specific revenue targets disclosed by management for 2026-2030 period. Company focuses on operational metrics (advertising growth, cable stability, Tubi expansion) rather than published multi-year revenue guidance. Recent earnings show strong Q2 FY2026 performance with $5.18B quarterly revenue (+2.0% YoY), but management has not provided specific forward revenue targets through 2030.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$925.08
$19.5B Rev × 20x P/S
Base case (2030)
$557.42
$19.5B Rev × 12x P/S
Bear case (2030)
$373.59
$19.5B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$14.9B$14.0B$16.3B$16.6B$17.4B$18.1B$18.8B$19.5B
Revenue growth-6.3%16.6%2.0%4.4%4.3%3.9%3.7%
EPS$3.42$2.33$4.74$5.24$5.75$6.20$6.65
P/S ratio12.0x12.0x12.0x12.0x12.0x
Implied price$474.40$492.19$515.91$533.70$557.42

Catalysts & risks

Growth catalysts
+ NFL media rights renewal negotiations (major revenue driver for sports broadcasting)
+ Tubi monetization acceleration and ad-tech platform upgrades
+ 2026 FIFA World Cup broadcast rights (new revenue stream)
+ Election year advertising upside (2026 midterms, 2028 presidential)
+ Streaming subscriber growth and ARPU expansion at Tubi
Key risks
- Cord-cutting acceleration reducing linear TV viewership and advertising CPMs
- NFL sports rights renewal cost inflation (BofA identified as key risk in Feb 2026 downgrade)
- Competitive pressure from Netflix, Disney+, and other AVOD platforms on Tubi market share
- Economic recession impacting advertising spend across all segments
- Regulatory changes affecting media ownership or content distribution

Methodology

Fox Corp Class A's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 15 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.